Must-Know Rules for Tennessee Hemp Businesses!
In this video, Alex Little from Hemp Law Group discusses recent changes in federal hemp regulations and tax obligations for Tennessee businesses. He explains a proposed amendment that could affect federal protections for hemp-derived products, with potential new oversight by agencies such as the Food and Drug Administration to ensure consistency in testing and regulation across the nation. Alex also covers essential tax requirements for Tennessee hemp sales, noting that an additional tax applies even if hemp is not the store's primary product. He highlights the importance of compliance for business owners, including proper licensing, informing landlords about hemp sales, and adhering to age restrictions. Staying updated on these rules is crucial to safeguarding your business.
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